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Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
India in Talks to Acquire 20 Percent of UAE Oilfield
India imports oil to meet most of its growing energy demand.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
Read More »First Floating Offshore Wind Farm Takes Shape
Statoil has a 75% stake in the project. with the remaining 25% owned by Masdar.
Read More »UAE`s Dana Gas Reaches Deal Over Delayed Kurdish Natural Gas Project
Kurdistan Regional Government says it will immediately pay $600m to Dana and its partners in the Pearl Petroleum consortium.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Neka Port Gets First Oil Swap Cargo in 7 Years
The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.
Read More »Oil Producers Set for Key Meeting in Abu Dhabi
The meetings are being co-chaired by Kuwait and Russia. in the presence of representatives from Saudi Arabia. which is serving as president of OPEC for 2017.
Read More »UAE Replaces Qatar Oil with US
Qatar recently signed a deal with the US aiming to combat support and funding of terrorism.
Read More »Saudi-Led Bloc ‘Drops Qatar Demands’
List of 13 demands on major LNG player replaced with call to accept six ‘broad principles’. reports say.
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